Gold and Silver Updates


     New Delhi, Jan 11 (PTI) Gold costs rose Rs 389 to Rs 48,866 per 10 gram within the nationwide capital on Monday, in step with the rise in world value of the valuable metallic and rupee depreciation, in line with HDFC Securities.
     Within the earlier commerce, the yellow metallic had closed at Rs 48,477 per 10 gram.
     Silver costs additionally jumped Rs 1,137 to Rs 64,726 per kilogram from Rs 63,589 per kilogram within the earlier commerce.
     The rupee depreciated 24 paise to 73.48 in opposition to the US greenback within the opening commerce on Monday.
     Within the worldwide market, gold was buying and selling within the inexperienced at USD 1,853 per ounce, whereas silver was quoting flat at USD 25.14 per ounce.
     “Gold costs rebounded from the lows made on Friday regardless of of stronger greenback as worries over rising coronavirus instances boosted shopping for in yellow metallic,” HDFC Securities Senior Analyst (Commodities) Tapan Patel stated. PTI SUM RVK


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